Close X
Wednesday, December 4, 2024
ADVT 
National

Liberals pledge financial aid to sectors of economy hit hard by COVID-19

Darpan News Desk The Canadian Press, 17 Apr, 2020 06:01 PM
  • Liberals pledge financial aid to sectors of economy hit hard by COVID-19

On Friday, the Liberals announced $1.7 billion to help clean up "orphaned wells" in oil-producing provinces, and a $750-million fund to cut methane emissions by providing loans to companies.

 Speaking outside his Ottawa residence, Prime Minister Justin Trudeau said the government expects all the spending to maintain 10,000 jobs across the country in the oil sector as it faces plummeting prices from decreased demand and a glut of global supply.

Trudeau added the government is going to provide $962 million to regional development agencies to help more businesses, particularly those that don't have relationships with traditional financial institutions. And he promised hundreds of millions of dollars in support for the arts and culture industries. 

 

 

MORE National ARTICLES

Military Says No Link Between Military Vehicle Movement And Covid Crisis: Armed Forces

OTTAWA - The Canadian Armed Forces says there is no link between the movement of dozens of military trucks and armoured vehicles over the weekend and COVID-19.

Military Says No Link Between Military Vehicle Movement And Covid Crisis: Armed Forces

PM Announces New Flights To Peru, Americas To Repatriate Stranded Canadians

OTTAWA - Prime Minister Justin Trudeau is announcing multiple new flights to bring stranded Canadians home from abroad due to the COVID-19 pandemic.    

PM Announces New Flights To Peru, Americas To Repatriate Stranded Canadians

Ottawa Opens COVID-19 Isolation And Treatment Centre For Homeless

OTTAWA - A local recreation centre in Ottawa has become an isolation and treatment centre for homeless people with confirmed or suspected cases of COVID-19.    

Ottawa Opens COVID-19 Isolation And Treatment Centre For Homeless

Opposition Must Take Different Approach In COVID-19 Fight, Says Andrew Scheer

OTTAWA - The unprecedented nature of the economic and health crisis created by COVID-19 means the Conservatives are finessing their approach to their role as the Official Opposition, says leader Andrew Scheer.    

Opposition Must Take Different Approach In COVID-19 Fight, Says Andrew Scheer

Canadian Scientists Fight Coronavirus Pandemic On Dozens Of Fronts

Public health officials across Canada and around the world are working flat out to test as many people as possible for the novel coronavirus.    

Canadian Scientists Fight Coronavirus Pandemic On Dozens Of Fronts

Service BC Centres Remain Open, Ready To Serve Citizens

Service BC Centres Remain Open, Ready To Serve Citizens
To align with recommendations from the provincial health officer, Service BC is taking action to limit the risk of exposure to the COVID-19 virus for citizens and staff.  

Service BC Centres Remain Open, Ready To Serve Citizens